Short Interest in National Healthcare Properties, Inc. (NASDAQ:NHPAP) Grows By 20.1%

National Healthcare Properties, Inc. (NASDAQ:NHPAP) saw a significant increase in short interest during the month of April. As of April 15th, there was short interest totaling 3,986 shares, an increase of 20.1% from the March 31st total of 3,318 shares. Based on an average daily volume of 11,462 shares, the days-to-cover ratio is presently 0.3 days.

Hedge Funds Weigh In On National Healthcare Properties

An institutional investor recently raised its position in National Healthcare Properties stock. NBC Securities Inc. grew its position in shares of National Healthcare Properties, Inc. (NASDAQ:NHPAP) by 96.8% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 8,625 shares of the company’s stock after purchasing an additional 4,243 shares during the quarter. NBC Securities Inc.’s holdings in National Healthcare Properties were worth $165,000 as of its most recent filing with the SEC.

National Healthcare Properties Stock Performance

Shares of NHPAP stock traded up $0.15 during mid-day trading on Friday, hitting $20.97. 2,299 shares of the stock were exchanged, compared to its average volume of 7,695. The stock’s fifty day simple moving average is $19.78 and its two-hundred day simple moving average is $19.14. National Healthcare Properties has a 12-month low of $13.42 and a 12-month high of $22.17.

National Healthcare Properties Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, April 15th. Shareholders of record on Monday, April 6th were issued a dividend of $0.4609 per share. The ex-dividend date of this dividend was Monday, April 6th. This represents a $1.84 annualized dividend and a dividend yield of 8.8%.

National Healthcare Properties Company Profile

NHP is a $2.6 billion healthcare REIT with a high-quality portfolio focused on two segments, Medical Office Buildings and Senior Housing Operating Properties.